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- What is the best forex brokers in South Africa?
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What is the best forex brokers in South Africa?
Uczestnik z Dec 14, 2019
9 postów
Nov 30, 2020 at 07:29
Uczestnik z Dec 14, 2019
9 postów
Hello, I want to know your opinion about the best forex brokers in South Africa. Who do you think is the best one? I am looking for a trustworthy and reliable company with low spreads or commissions. So far I came across two solid brokers that are in accordance with https://www.fsca.co.za/Fais/Search_FSP.htm regulated by the FSCA - Plus500 and AvaTrade, suggested in the article - https://tradingbeasts.com/best-forex-brokers-in-south-africa/. Which one do you think is a better option for me? So far I am leaning towards Plus500 as they offer to have an account in Rands. But I am open to other suggestions too! Thanks.
Uczestnik z Jan 27, 2013
447 postów
Nov 30, 2020 at 08:46
Uczestnik z Jan 27, 2013
447 postów
Recently Tickmill opened a branch in South Africa.
I have accounts with them for more than 5 years and no problem regarding executions or withdrawals of profit
I have accounts with them for more than 5 years and no problem regarding executions or withdrawals of profit
Uczestnik z Dec 14, 2019
9 postów
Uczestnik z Jan 27, 2013
447 postów
Nov 30, 2020 at 15:13
Uczestnik z Jan 27, 2013
447 postów
USDZAR it is available for trading, but if you wish to have the trading account in ZAR I don't know, you have to contact them and ask about this.
Uczestnik z Nov 30, 2020
7 postów
Dec 02, 2020 at 13:19
Uczestnik z Nov 06, 2020
24 postów
If you will be trading majors then your native currency will get converted to USD or GBP or EUR as the base currency anyway. So you can keep your options much wider. Pepperstone, Fxview, Fidelity are some of the regulated brokers with good prices for their clients. I especially find the interface of fxview very easy to navigate through and use.
Uczestnik z Nov 03, 2016
2 postów
Uczestnik z Dec 05, 2020
81 postów
Uczestnik z Jul 19, 2020
788 postów
Jan 04, 2021 at 01:27
Uczestnik z Jul 19, 2020
788 postów
There are many websites online where you can get this information.
Uczestnik z Nov 03, 2016
2 postów
Jan 05, 2021 at 17:30
Uczestnik z Nov 03, 2016
2 postów
Jude_craig posted:HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support
How about the withdrawals? Did you make any?
Yes I have made withdrawels, next day payout. They are regulated with FCSA, spreads are good
Uczestnik z Dec 05, 2020
81 postów
Jan 07, 2021 at 07:04
Uczestnik z Dec 05, 2020
81 postów
HarlanfxRoger posted:Okay, that's good then.Jude_craig posted:HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support
How about the withdrawals? Did you make any?
Yes I have made withdrawels, next day payout. They are regulated with FCSA, spreads are good
Uczestnik z Jul 23, 2020
869 postów
Oct 04, 2021 at 16:20
Uczestnik z Jul 23, 2020
869 postów
FSCA is a regulatory body in South Africa. So, choose a regulated broker under FSCA.
Uczestnik z Jul 23, 2020
759 postów
Oct 04, 2021 at 17:51
Uczestnik z Jul 23, 2020
759 postów
No matter what you choose. Always stick with a regulated one.
Uczestnik z Mar 17, 2021
536 postów
Oct 04, 2021 at 20:19
Uczestnik z Mar 17, 2021
536 postów
AliaDare posted:Yes. Proper research is badly needed to find the best broker.
There are many websites online where you can get this information.
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